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The conference is jointly organized by the African Development Bank, the United Nations Economic Commission for Africa and the United Nations Development Programme, on the theme “Jobs, Entrepreneurship and Capacity Development for African Youths,” The topic aligns with the sustainable development goals on ‘inclusive and sustainable economic growth, employment and decent work for all’.
There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with only 0.41 percent growth in employment. This figure suggests that employment stood at less than 1.8 percent a year, far below the nearly 3 percent annual growth in the labor force. If this trend continues, 100 million people will join the multitudes of the unemployed in Africa by 2030.
